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Australia’s Lynas inks US rare earth oxide supply deal

Lynas secures a significant contract to supply rare earth oxides to the US.

editorial-staff
1 min read
Updated 25 days ago
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Summary

Lynas, a prominent producer of rare earth elements outside of China, has entered into a supply agreement with the United States for rare earth oxides.

This deal is a critical development in the US's strategy to secure its rare earth supply chains, which are vital for various manufacturing processes.

The agreement, signed on March 15, 2026, is expected to significantly impact the US's capacity to produce goods reliant on these essential materials.

Key Facts

Fact Value
Primary source Mining & Resources
Source count 2
First published 2026-03-15T22:47:17.000Z

Updates

Update at 17:27 UTC on 2026-03-16

Mining & Resources reported Lynas Rare Earths has entered into a significant agreement worth US$96 million with the Department of Water.

Sources: Mining & Resources

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